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Lot
6278

1870-CC 25C

1999 ANA Signature Sale #208

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Auction Ended On: Aug 12, 1999
Item Activity: 2 Internet/mail/phone bidders
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Location: Chicago, IL
Description:
Condition Census 1870-CC AU 53 Seated Quarter
1870-CC AU 53 NGC. A glossy AU example of this prized Carson City quarter, the obverse has medium to dark blue-gray patina, while the reverse is lighter in hue with pearl-gray and gunmetal color on that side. The strike is typical for the date with the stars flat in the centers but otherwise sharp. There are few appreciable marks and the reverse is quite choice. Carson City quarters from 1870-1873 often have rough, porous surfaces (as seen to a lesser extent on this piece). It is claimed that this is from improper annealing and the mint's use of pure local silver, rather than the normal 90/10, silver/copper mixture.
The 1870-CC is the rarest collectible Carson City quarter. Only 8,340 pieces were struck, and there are probably no more than a dozen known today in Extremely Fine, another three or four in AU, and a single Mint State piece (a fully prooflike coin that may well be a specimen striking).
Ex: Rasmussen Sale (Superior, 2/98), lot 2031, where it was repurchased by the consignor; earlier purchased by the owner of the Nevada Collection from an eastern dealer by private treaty sale. (NGC ID# 23UL, PCGS# 5477)

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